{"id":3607,"date":"2008-11-06T06:14:26","date_gmt":"2008-11-06T11:14:26","guid":{"rendered":"http:\/\/www.shotinthedark.info\/wp\/?p=3607"},"modified":"2008-12-07T14:00:47","modified_gmt":"2008-12-07T19:00:47","slug":"obama-wins-investors-lose","status":"publish","type":"post","link":"http:\/\/www.shotinthedark.info\/wp\/?p=3607","title":{"rendered":"Obama Makes History Twice in Two Days"},"content":{"rendered":"<p>That&#8217;s right Mitch, the Market didn&#8217;t exactly endorse Obama&#8217;s victory. In fact, Barack Obama made history two days in a row: the largest post-election stock market plunge in history.<\/p>\n<blockquote><p>Nov. 5 (<a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601087&#038;sid=aj_ayFUP0riQ&#038;refer=worldwide\">Bloomberg<\/a>) &#8212; The stock market posted its biggest plunge following a presidential election as reports on jobs and service industries stoked concern the economy will worsen even as President-elect Barack Obama tries to stimulate growth.<\/p><\/blockquote>\n<p>Apparently the market has a different idea as to what will stimulate growth. Does the market not think that raising taxes and expanding government are <em>good<\/em> things? Is the market wondering why Liberals and their followers haven&#8217;t learned their lesson yet?<\/p>\n<p><a href=\"http:\/\/in.reuters.com\/article\/usMktRpt\/idINN0531971420081105\">History<\/a>&#8230;<\/p>\n<blockquote>\n<p style=\"background: white none repeat scroll 0% 50%; -moz-background-clip: -moz-initial; -moz-background-origin: -moz-initial; -moz-background-inline-policy: -moz-initial; margin-bottom: 0pt; line-height: normal\" class=\"MsoNormal\"><span style=\"font-size: 10pt\">Year    Dow    President-Elect<br \/>\n<\/span><\/p>\n<p style=\"background: white none repeat scroll 0% 50%; -moz-background-clip: -moz-initial; -moz-background-origin: -moz-initial; -moz-background-inline-policy: -moz-initial; margin-bottom: 0pt; line-height: normal\" class=\"MsoNormal\"><span style=\"font-size: 10pt\">2008  <strong>-5.05%<\/strong> Barack Obama<\/span><\/p>\n<p style=\"background: white none repeat scroll 0% 50%; -moz-background-clip: -moz-initial; -moz-background-origin: -moz-initial; -moz-background-inline-policy: -moz-initial; margin-bottom: 0pt; line-height: normal\" class=\"MsoNormal\"><span style=\"font-size: 10pt\">2004  +1.01%  George W. Bush<\/span><\/p>\n<p style=\"background: white none repeat scroll 0% 50%; -moz-background-clip: -moz-initial; -moz-background-origin: -moz-initial; -moz-background-inline-policy: -moz-initial; margin-bottom: 0pt; line-height: normal\" class=\"MsoNormal\"><span style=\"font-size: 10pt\">2000  -0.41%   No decision: G.W. Bush v Al Gore*<\/span><\/p>\n<p style=\"background: white none repeat scroll 0% 50%; -moz-background-clip: -moz-initial; -moz-background-origin: -moz-initial; -moz-background-inline-policy: -moz-initial; margin-bottom: 0pt; line-height: normal\" class=\"MsoNormal\"><span style=\"font-size: 10pt\">1996  +1.59%   William Clinton<\/span><\/p>\n<p style=\"background: white none repeat scroll 0% 50%; -moz-background-clip: -moz-initial; -moz-background-origin: -moz-initial; -moz-background-inline-policy: -moz-initial; margin-bottom: 0pt; line-height: normal\" class=\"MsoNormal\"><span style=\"font-size: 10pt\">1992  -0.91%   William Clinton<\/span><\/p>\n<p style=\"background: white none repeat scroll 0% 50%; -moz-background-clip: -moz-initial; -moz-background-origin: -moz-initial; -moz-background-inline-policy: -moz-initial; margin-bottom: 0pt; line-height: normal\" class=\"MsoNormal\"><span style=\"font-size: 10pt\">1988  -0.43%  George H. W. Bush<\/span><\/p>\n<p style=\"background: white none repeat scroll 0% 50%; -moz-background-clip: -moz-initial; -moz-background-origin: -moz-initial; -moz-background-inline-policy: -moz-initial; margin-bottom: 0pt; line-height: normal\" class=\"MsoNormal\"><span style=\"font-size: 10pt\">1984  -0.88%  Ronald Reagan<\/span><\/p>\n<p style=\"background: white none repeat scroll 0% 50%; -moz-background-clip: -moz-initial; -moz-background-origin: -moz-initial; -moz-background-inline-policy: -moz-initial; margin-bottom: 0pt; line-height: normal\" class=\"MsoNormal\"><span style=\"font-size: 10pt\">1980  +1.70%  Ronald Reagan<\/span><\/p>\n<p style=\"background: white none repeat scroll 0% 50%; -moz-background-clip: -moz-initial; -moz-background-origin: -moz-initial; -moz-background-inline-policy: -moz-initial; margin-bottom: 0pt; line-height: normal\" class=\"MsoNormal\"><span style=\"font-size: 10pt\">1976  -0.99%  James Carter<\/span><\/p>\n<p style=\"background: white none repeat scroll 0% 50%; -moz-background-clip: -moz-initial; -moz-background-origin: -moz-initial; -moz-background-inline-policy: -moz-initial; margin-bottom: 0pt; line-height: normal\" class=\"MsoNormal\"><span style=\"font-size: 10pt\">1972  -0.11%  Richard Nixon<\/span><\/p>\n<p style=\"background: white none repeat scroll 0% 50%; -moz-background-clip: -moz-initial; -moz-background-origin: -moz-initial; -moz-background-inline-policy: -moz-initial; margin-bottom: 0pt; line-height: normal\" class=\"MsoNormal\"><span style=\"font-size: 10pt\">1968  +0.34%  Richard Nixon<\/span><\/p>\n<p style=\"background: white none repeat scroll 0% 50%; -moz-background-clip: -moz-initial; -moz-background-origin: -moz-initial; -moz-background-inline-policy: -moz-initial; margin-bottom: 0pt; line-height: normal\" class=\"MsoNormal\"><span style=\"font-size: 10pt\">1964  -0.19%  Lyndon Johnson<\/span><\/p>\n<p style=\"background: white none repeat scroll 0% 50%; -moz-background-clip: -moz-initial; -moz-background-origin: -moz-initial; -moz-background-inline-policy: -moz-initial; margin-bottom: 9pt; line-height: normal\" class=\"MsoNormal\"><span style=\"font-size: 10pt\">1960  +0.77%  John Kennedy<\/span><\/p>\n<\/blockquote>\n<p style=\"background: white none repeat scroll 0% 50%; -moz-background-clip: -moz-initial; -moz-background-origin: -moz-initial; -moz-background-inline-policy: -moz-initial; margin-bottom: 9pt; line-height: normal\" class=\"MsoNormal\">Draw your own conclusions&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>That&#8217;s right Mitch, the Market didn&#8217;t exactly endorse Obama&#8217;s victory. In fact, Barack Obama made history two days in a row: the largest post-election stock market plunge in history. Nov. 5 (Bloomberg) &#8212; The stock market posted its biggest plunge following a presidential election as reports on jobs and service industries stoked concern the economy [&hellip;]<\/p>\n","protected":false},"author":228,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57,12,16],"tags":[],"class_list":["post-3607","post","type-post","status-publish","format-standard","hentry","category-economy-and-the-market","category-campaign-08","category-conservatism"],"_links":{"self":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/3607","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/users\/228"}],"replies":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3607"}],"version-history":[{"count":0,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/3607\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3607"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}